Reorder level (A, B), Two components A and B are used as follows: Normal usage 130 units
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Reorder level (A, B),
Two components A and B are used as follows:
Normal usage 130 units per week each
Minimum usage 145 units per week each
Maximum usage 850 units per week each
Reorder Quantity A 250 units; B 550 units
Reorder Period A 2 to 4 weeks, B 5 to 7 weeks
Calculate, Economic order quantity, If the annual demand for a product is 6,400 units. The unit cost is $6 and inventory carrying cost is $ 1.5. If the cost of one procurement is $75 determine:
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